Hyperlink price has shown remarkable gains in recent days, leading the asset to break out of a bullish price pattern and reach a new high. This appears to be driven by the overall bullish market sentiment and positive structure, with HYPE’s new listing acting as the main catalyst for the rally.
HYPE Listing and Whale Activity Spark Rally
On July 11, 2025, Hyperlink (HYPE) was listed on Bybit, which proved favorable for the asset as its price skyrocketed and gained widespread attention.
With strong upside momentum in the Hyperlink price, investor and whale interest and their confidence in the token have remained unchanged, as they are seen strongly accumulating the tokens.
Recently, a blockchain-based transaction tracker, Lookonchain, shared a post on X (Formerly Twitter) that 3 whales have deposited $37.17 million USDC to Hyperliquid and bought 390,434 HYPE worth $17.81 million.
This substantial amount of HYPE, the native token, was purchased when the Hyperlink price was hovering around the $45 range. This large purchase might be the major catalyst behind the asset’s recent all-time high.
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Hyperlink Price Prediction: Can HYPE Hit $100?
Meanwhile, looking at HYPE’s overall structure and the continued support from investors and whales, several expert commentaries have surfaced on X (formerly Twitter), making bold predictions.
On July 12, 2025, following the breakout of a bullish pattern, a well-followed crypto expert shared a post on X, noting that Hyperlink’s price could hit the $100 mark. In the post, the expert wrote, “HYPE GOING FOR 100$.”
This is not the first time the expert has made a bold prediction for the Hyperlink price. Earlier, when the overall market was struggling to gain momentum, the expert had made a similar bold prediction for Hyperlink, which the asset has recently achieved.
Current Price Momentum
With its strong performance, the Hyperlink price has now overtaken major assets like SUI, LINK, BCH, XLM, and other prominent cryptocurrencies that have long dominated the crypto landscape.
At press time, the Hyperlink price stands at $46.27, having surged by 5.10% over the past 24 hours. With this impressive gain, the asset has reached a market capitalization of $5.46 billion.
Alongside this, investor and trader participation has significantly increased, resulting in a 25% surge in trading volume during the same period. As a result, HYPE’s 24-hour trading volume has reached $528.35 million.
Hyperlink (HYPE) Price Action
According to expert technical analysis, Hyperlink has successfully broken out of an ascending triangle and closed a daily candle above the neckline at $43.20. This breakout has opened the path for the asset to reach new highs.
During the recent price uptick, Hyperlink already set a new all-time high at $46.55 and is now consolidating near that level. Hyperlink (HYPE) appears bullish, and following its breakout, it is poised for significant upside momentum.
Traders Lean Bullish: $14 Million in Longs
With strong bullish market sentiment, traders appear to be heavily betting on long positions, as reported by the on-chain analytics tool Coinglass.
Data reveals that traders are over-leveraged at the $44.58 level on the lower side (where strong interest has been recorded) and at $47.38 on the upper side. Additionally, at these levels, they have built $13.97 million worth of long positions and $11.02 million worth of short positions.
Considering all these factors, it appears that bulls are currently dominating the asset and are likely pushing HYPE to continue its upward momentum.
